Archive for the 'Finance' Category

Richard Branson to buy Northern Rock

There must be money to be made if Virgin Money is ready to buy up ailing Northern Rock, the bank that crumbled during the summer. By offerring shareholders a tiny proportion of that paid for their shares, together with a bank of england guarantee to protect depositers, Richard Branson must think he’s on to a [...]

Home insurance premiums up - cover down

While UK insurance companies rack up the prices for home and contents insurance, a closer look at the policies shows the cover on the schedules is being reduced. Terrorism exclusions have been added, an illogical step given that the UK is rarely subject to terrorist attacks, and that in comparison to other risks there was no need to [...]